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HomeMy WebLinkAbout0713 ~ 25039~ FIRST FEDERAL SAVINGS and LOAN ASSOCIATION OF M~?RTIN COUNTY MORTGAGE DEED March- - - A.D. 19 ?3---. bY THIS ~IORTGACE 1KDE:~TURE, executecl this.._ 9~h....day of . --.OUTDOOR RESORTS of. AMERICA,- ~NC.,.__a_.~ennsssge__~ox~~~ion------------------ - - uf the County of Martia, State of Flwida. hereiiwfter caIIed the ?~iortgagors, which term as used in every instanoe shull include the rludgagors heirs, ex~cutors. administratozs, successors. legal represei?tatives and assigns, either voluntary by act of the parties, or u?voluntary by operation of Iaw and shall deaote the singular and (or) pluml, and the masculine and (or) feminine and natural and (a~) artificial pe~sau. whenever and wherever the context so requires or admits. pa~ties of the first part, and the FIRST FEDERAL SAVINCS AND LOAN ASSOCIATION OF MARTIN GOUNTY, o# Stuart, F1ori~~ a corporation existing under tha laws of the Uiutecl States of America, hereinakei' called the Auociatia~. w'hich term as used in e~•erv instance shall include the As9ociation's successocs, legal representatives and assigns, party of the second part. WITNESSETH: Tliat for divers good and valuable oonsiderations, and also in ooacideration of the aggregate sum of ~noney named in the promissory note of even date herewith, hereinaker described. the Mo~tgagors do grant, bargaiq sell, alien. remise, releaze, rnnvey and confirm unto the Associatioq ia fee simple the following described real estate, of which the moitgagors :?rc no~v seized and posseued and in actual possession, situate in the Co~u?ty of State of Florida, to-wit; t~ucie All that part of tract T-3, Section 2 of the Nettles island Project as recorded in Plat . Book 16, pages 1-A thru 1-J in the public records of St. Lucie County, Florida. Particularly described as beginning at the Southeasterly corner of the tract herein described: said point of true beginning is further described as being the Southeasterly corner of the aforesaid tract T-3. Thence from the point of true beginriing, run S. 70°-30' -00" W. 228. 04 feet: Thence run N. 19°-30'-00" W. 166. 38 feet; Thence run N. 24°-11'-59" E. 40. 00 feet to a point of curvature; Thence run along the arc of a curve concave Northwesterly and having a radius of 128. 23 feet an arc distance of 64. 25 feet and a chord bearing and distance of N. 9°-50' -44" E. 63. 58 feet to the point of tangency; Thence run N. 4°- 30' -32" W. 64. 63 feet to a point of curvature; Thence -run along the arc of a curve concave Southeasterly and having a radius of 34. 00 feet an arc distance of 51. 87 feet ; and a chord bearing and distance of N. 39°-11'-53" E. 46. 99 feet to a point of reverse ~ curve; Thence run along the arc of a curve concave Northerly and having a radius of 691. 18 feet an arc distance of 94. 84 feet and a chord bearing and distance of N. 78°- 58'-28" E. 94. ?6 feet; Thence run N. 75~-02'-37" E. 18. ?1 feet; Thence run S. 19°- 30'-00" E. 322. 11 feet to the point of true beginning and containing 1. 53 acres more or less. ~`~?vEn = '~oo- v o ~ Gt~ C'~SS~- IM oll rNT P~rM AMGIB ~ OF F RST'fEDERAL SAVINGS AND OAN TO ~TER ~Po~ ~~~h~C ?~Q~FJ~'~ ASSOCIATtON OF MARTIN COUNTY C~~R~~ RA~ S~~y~1, ~ f° 984 South Federai Highway. Stuart, f la. ~r. Jf. ~ , . FL~ ` SY= /CDU~S~ ~ I~PR~~~9Iri ~ ,ri TOGETHER with all structures and improvements now and hereafter on said land wd the fixhues attached thereto, aad ~ all rents, icsues, and pmfits aocrui~g -and to aecxue from said premices, all of whieh are ineluded within the foregoing description and e habendum hereof; also all gas, steam, and electric water and other heating, oool~g, refrigerating, lighting, plumbing, ventilating, irrigating, and power system, machines, appliances, fizture.s and appurteaances, which are now or may hereafter pertain to or be used with, in or on said premises, even tbough they be detached or detachable, all of which it is hereby agreed aze or when installed shall beoome a part of said real estate; and, iF the above described pmperty is now or shall here- after be used for commercia) purposes, then the fumiture and furnishings and any replacements thereof which may be owned by the ~tortgagors and which are rww or may hereafter be located upon the above described property. TO HA~'E A1~D TO HOLD the same, togetber with the tenements, hereditaments and appurteaances, unto the Associ- ation, in fee simple. Md the Mortgagon do hereby oovenant with the Association that they are indefeasibly setzed of said land in fee simpl~e; that they have full power and lawful right to convey said land in fee simple as aEoresaid; that it shall be lawfid for the Associatiai b~~o~ ~i2 Pa~E .7~.3 _ - _ _ - _ - - -